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China Gas Industry Investment Sets Formal Mandate for Remuneration Committee

Story Highlights
  • China Gas Industry Investment detailed a formal remit for its board remuneration committee.
  • The committee will be majority independent, set director pay prudently, and meet at least annually.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Gas Industry Investment Sets Formal Mandate for Remuneration Committee

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China Gas Industry Investment Holdings Co.Ltd. ( (HK:1940) ) has provided an announcement.

China Gas Industry Investment Holdings has formalised and published the terms of reference for its board remuneration committee, setting out its composition, authority and operating procedures. The committee must comprise at least three directors with a majority of independent non-executive directors, be chaired by an independent non-executive director, meet at least annually, and operate under clear principles that remuneration should be sufficient to attract and retain directors without being excessive, while prohibiting directors from determining their own pay and allowing the committee to seek independent professional advice, underscoring the company’s commitment to transparent and independent oversight of director compensation.

The most recent analyst rating on (HK:1940) stock is a Buy with a HK$0.86 price target. To see the full list of analyst forecasts on China Gas Industry Investment Holdings Co.Ltd. stock, see the HK:1940 Stock Forecast page.

More about China Gas Industry Investment Holdings Co.Ltd.

China Gas Industry Investment Holdings Co. Ltd., incorporated in the Cayman Islands and listed in Hong Kong under stock code 1940, operates in the gas industry and is overseen by a board that includes executive and independent non-executive directors. The company follows formal corporate governance structures, including dedicated board committees with defined mandates to supervise key areas such as remuneration and audit, aligning with Hong Kong listing and governance standards.

Average Trading Volume: 327,058

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.07B

Learn more about 1940 stock on TipRanks’ Stock Analysis page.

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